Market News
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Angola to carry out five hydroelectric projects
Posted on :Saturday , 25th October 2014
Angola will carry out five new hydroelectric projects to produce 7, 000MW of power. This is according to Angola’s agency for development of the middle Kwanza (Cuanza) River, which has also said that the new hydroelectric projects will be based along Kwanza River.
Lined up for construction is five new dams, and the project will be part of the national program f. . .New US$ 57m Isimba Hydropower Dam in Uganda to be complete in 3 years
Posted on :Monday , 20th October 2014
Preliminary works on Isimba Hydropower Dam that will add 183MW of power into Uganda’s national grid kicked off last month, with construction works scheduled for three years. Construction of the Kayunga District-based dam will benefit from government’s counterpart funding of 15%, in addition to a low interest loan acquired by the Government of Uganda from Chinese government, through . . .
Al Nowais Investment to build Egypt s first coal-fired power plant
Posted on :Monday , 20th October 2014
Egypt’s first coal-fired power plant will be based in the Suez area, and will be constructed by Al Nowais Investments, a company based in Abu Dhabi. There are also reports to set up a jetty in the nearby so it will be possible to import coal required for the new coal-fired power plant.
The country has been facing severe problems in regard to power generation and it should b. . .Siemens to install and commission Egypt s Suez Thermal Power Plant
Posted on :Monday , 20th October 2014
Siemens will now supply electrical components for the Suez Thermal Power Plant in Egypt. The latter was supplied by East Delta Electricity Production Company’s (EDEPC). Siemens has also been tasked with the installation and commissioning of equipment supplied by this company.
The 650MW Suez Thermal Power Plant is located in Suez in Egypt, and will be commissioned in 2016. P. . .Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Posted on :Monday , 20th October 2014
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes.The c(SPP) is to be offered to all eligible shareholders who can subscribing for. . .Please Select an Option
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